Infrastructure Weekly

研报英文原文证据摘录

Infrastructure Weekly

Foundation

June 29, 2026 05:17 PM GMT

Morgan Stanley & Co. LLCMNorth American Midstream & Renewable Energy Robert S Kad

Infrastructure | North America Equity Analyst

Robert.Kad@morganstanley.com +1 212 761-0065

Devin McDermott

Equity Analyst and Commodities StrategistInfrastructure Weekly Devin.McDermott@morganstanley.com +1 212 761-1125

Joy Golub

Recent data points suggest longer duration PPAs and greater Research Associate

Joy.Golub@morganstanley.com +1 212 761-4924

likely longevity for behind-the-meter power projects serving Victoria Xiong, CFA

data centers, with WMB a key AI Infrastructure beneficiary. ResearchVictoria.Xiong@morganstanley.comAssociate +1 212 761-0228

David Arcaro, CFA

Key Takeaways EquityDavid.Arcaro@morganstanley.comAnalyst +1 212 761-1817

According to an unconfirmed report by Bloomberg, WMB is in advanced Joe Laetsch, CFA

Equity Analyst

negotiations to acquire Momentum Midstream from private equity owner EnCap Joe.Laetsch@morganstanley.com +1 212 761-8804

Flatrock Midstream for ~$5.5bn.

Midstream Energy Infrastructure

ENB's Project Beacon expansion of Algonquin Gas Transmission could face North America

Industry View Attractive

challenges securing open season commitments as utilities face regulatory

uncertainty. TABLE OF CONTENTS

Two months after TRP/OKE's Bison XPress project entered service, natural gas • The Week in Review & Brief Notes

has yet to flow on the reversed Bison Pipeline given operational/regulatory • Infrastructure Sector Weekly Performance

issues. • Infrastructure Sector Comps

The DOE issued a $17.5bn conditional loan guarantee to buy long-lead • Infrastructure Sector Ratings & Price Targets

components for 10 of BEP's Westinghouse AP1000 nuclear reactors across 5 US • Infrastructure Sector Estimates